After a year-long period of consolidation/correction in 2018, Bank of America $BAC shares appear to have rounded out a bottom and shifting into a bullish mode again.BAC Daily Chart(click to enlarge)Price Action Shifting:- As we can see on the daily chart, price action has killed the pattern of lower lows and lower highers.- Furthermore, price has broken above the cluster of 200-, 100-, and 50-day simple moving averages (SMA).- Finally, the latest drive up in late March into April pushed above the previous 2019-high and cracked a falling resistance.- I think a close above $30 at the close of the week would confirm the bullish breakout.- In this scenario, we can anticipate another 10% extension towards $33, around the early 2018-high.- A close below $28.70 on the other hand would suggest further consolidation, with increased downside risk.